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33833351
33833349

9 Locations

AP
IL 475.159405
Prime Real Estate Solutions Corp
Listed by Prime Real Estate Solutions Corp
$3,000,000
2 days on market
Updated 2 days ago

SOUTHWEST CHICAGO SUBURBAN RENTAL PORTFOLIO

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Cap Rate 5.16%
NOI $154,860
Occupancy 86%
Tenancy Single
Rent Bumps Yes
Pro-Forma Cap Rate 5.86%
Pro-Forma NOI $175,812
Year Built 1970
Year Renovated 2021, 2024
Parking Spaces 2 per unit
Investment Type Net Lease

Multifamily | 5.16% CAP

Marketing description

This nine-property residential rental portfolio offers investors an opportunity to acquire a stabilized income-producing asset base across several of the most desirable Southwest Chicagoland communities, including Oak Lawn, Orland Park, Orland Hills, Worth, Tinley Park, and Frankfort. The portfolio features a diversified mix of single-family homes and townhome-style residences with strong occupancy, established tenancy, and a proven operating history.

Current ownership has maintained a stable tenant base with multiple leases extending through 2027 and 2028, providing predictable cash flow and reduced near-term rollover risk. The portfolio generates approximately $223,200 in annual gross revenue and delivers a Net Operating Income of $154,860, resulting in a 5.16% cap rate at the $3,000,000 asking price.

Investors benefit from immediate value-add potential through the lease-up of one vacant property and the ability to increase rents on month-to-month tenancies to market levels. The assets are strategically located near major transportation corridors including Interstate 80, Interstate 57, Interstate 294, and Metra commuter rail lines, providing convenient access to employment centers throughout the Chicago metropolitan area.

Investment highlights

  • 9-property residential rental portfolio in established Southwest Chicago suburbs
  • Strong in-place cash flow with annual gross income of approximately $223,200
  • Stabilized occupancy with 8 of 9 properties currently leased
  • Long-term lease profile with several leases extending through 2027–2028
  • Immediate upside potential through lease-up of vacant unit and rent optimization
  • Diversified geographic footprint across six highly desirable communities
  • Excellent transportation access to I-80, I-57, I-294, Metra rail, and regional employment hubs
  • Strong rental demand drivers supported by quality schools, suburban amenities, and commuter accessibility
  • Opportunity for future appreciation in established, supply-constrained residential markets
  • Turnkey investment with existing tenant base and professional management potential

This portfolio presents a rare opportunity to acquire scale, stable income, and future growth potential within one of the Chicago area's most sought-after suburban rental markets.

Listing Contacts

AP
IL 475.159405
Prime Real Estate Solutions Corp
Listed by Prime Real Estate Solutions Corp

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$154,860.00
$12,905.00/mo

Valuation Metrics

0
DSCR
5.16%
Cap Rate
5.16%
ROI

Map

Zoning

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R-3 ResidentialSingle FamilySingle Family 6000 Square Feet
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Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Alka Patel
License
475.159405
Brokerage
Prime Real Estate Solutions Corp
Brokerage Phone
847.769.7859
Title
Broker of Record
Brokerage Address
917 N Plum Grove Rd Schaumburg, IL 60172
Name
Alka Patel
License
475.159405
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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